Notable Analyst Rating Changes 11/13: LVS, PTR, STZ Upgraded; GA, JCP, CTCM Downgraded
UPGRADES:
Banc of America upgrades Las Vegas Sands (NYSE: LVS) from Sell to Neutral.
Citi upgrades PetroChina (NYSE: PTR) from Sell to Hold.
UBS upgrades Constellation Brands (NYSE: STZ) from Neutral to Buy, citing valuation after 52% slide in the last two months. UBS lowered their price target from $24 to $17.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Piper Jaffray & Co. downgrades Giant Interactive (NYSE: GA) from Buy to Neutral. Price target lowered from $11 to $6.
Morgan Stanley downgrades JC Penney (NYSE: JCP) from Overweight to Equal-weight
J.P. Morgan downgrades CTC Media (Nasdaq: CTCM) from Overweight to Neutral.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Goldman Sachs initiates coverage on Garmin Ltd. (Nasdaq: GRMN) with a Neutral rating.
Jefferies initiates American Express (NYSE: AXP) with an Underperform and a $17 target, citing higher funding costs and deteriorating credit performance.
J.P. Morgan initiates coverage on Atheros (Nasdaq: ATHR) with a Neutral rating.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Create E-mail AlertRelated Categories
Special ReportsStocks Mentioned
+0.00
-0.32Related Entities
- Piper Jaffray
- UBS
- JPMorgan
- Goldman Sachs
- Citi
- Morgan Stanley
- Jefferies & Co
- Bank of America
- Notable Analyst Rating Changes
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
